ICE Futures Singapore will offer regional hedging opportunities across financial and commodity derivatives for market participants to manage risk in a regulated, transparent market.
ICE Futures Singapore will launch in 1H 2015, with three new futures contracts available for trading, subject to final regulatory approvals from the Monetary Authority of Singapore. The new futures contracts complement ICE’s existing portfolio of benchmark contracts. ICE Clear Singapore will act as the central counterparty for trades conducted at ICE Futures Singapore.
The Mini Brent Crude and Chinese Renminbi futures will be cash settled. The One-Kilo Gold futures contract will be physically settled, with delivery in Singapore.
ICE Futures Singapore will operate as an approved exchange under the supervision of the Monetary Authority of Singapore.
ProductsICE Mini Brent Crude FuturesICE One-Kilo Gold FuturesICE Chinese Renminbi Futures